H&R Block Jumps into SaaS with Wave Financial Acquisition

The convergence of traditional and cloud account continued today with H&R Block’s C$537 million ($US405 million) acquisition of Wave, a Toronto-based SMB-focused cloud accounting software company with an estimated 400,000 customers and annual revenues of C$50 million ($US38 million). At last week’s LOCALOGY:ENGAGE conference in Washington DC, a panel of investment bankers and strategic buyers…

H&R Block Jumps into SaaS with Wave Financial Acquisition

The convergence of traditional and cloud account continued today with H&R Block’s C$537 million ($US405 million) acquisition of Wave, a Toronto-based SMB-focused cloud accounting software company with an estimated 400,000 customers and annual revenues of C$50 million ($US38 million). At last week’s LOCALOGY:ENGAGE conference in Washington DC, a panel of investment bankers and strategic buyers…

LSA Forecast19: Is the SMB World Moving from SaaS to SaaT?

The Local Search Association presented its 2019 forecast for the small business software industry at this week’s LOCALOGY ENGAGE: SaaS/SMB conference that suggests the future will be less about software as a service (SaaS) and more about software as a transaction (SaaT). We took the position that small businesses will increasingly prefer to pay for…

LSA Forecast19: Is the SMB World Moving from SaaS to SaaT?

The Local Search Association presented its 2019 forecast for the small business software industry at this week’s LOCALOGY ENGAGE: SaaS/SMB conference that suggests the future will be less about software as a service (SaaS) and more about software as a transaction (SaaT). We took the position that small businesses will increasingly prefer to pay for…

Dropbox relaunches as an enterprise collaboration workspace

Dropbox is evolving from a file storage system to an enterprise software portal and collaboration workspace. Today the company launches a new version of Dropbox that allows you to launch apps with shortcuts fo G Suite and more plus use built-in Slack message-sending and Zoom video calls. It lets you search across all your files…